Slack Technologies Inc. shares will have a reference price of $26, and are expected to begin trading Thursday morning on the exchange. Slack is listing its...
Slack Technologies Inc.
shares will have a reference price of $26, and are expected to begin trading Thursday morning on the exchange. Slack is listing its shares directly instead of performing an initial public offering, in which shares are priced for sale. Instead, a reference price is set for a direct listing, based on private placements and other factors, but the trading price can still be different. For example, when Spotify Technology SA SPOT, +1.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Slack IPO Reference Price Set at $26 a ShareSlack Technologies Inc. is set to make its trading debut Thursday on the New York Stock Exchange at a valuation of about $15.7 billion, the second major company to go public through a so-called direct listing.
Read more »
Slack reference price set at $26 per share: NYSEThe Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.
Read more »
The $26 Curve-Hugging Bathing Suit That Fits Me Better Than Any Other Swimwear'The suits were extreme in cut and sparing in price, making them all the more accessible'
Read more »
Here are the biggest analyst calls of the day: Slack, American Express, TripAdvisor & moreHere are the biggest calls on Wall Street on Wednesday
Read more »
Slack's stock will soon start trading. Here's what you need to know about the non-IPOSlack shares are set to start trading Thursday on the New York Stock Exchange. But don't call it an IPO. The messaging tool, popular with big businesses, is not going public through a traditional route.
Read more »